The Globe and Mail reports in its Saturday, Nov. 29, edition that Trans Mountain expects to return $1.7-billion to the federal government this year due to higher pipeline volumes and lower capital spending. The Globe's Emma Graney writes that Trans Mountain posted adjusted earnings before interest, taxes, depreciation and amortization of $591-million in the third quarter, compared with $512-million in the same period of 2024. It returned $314-million to the federal government, consisting of $151-million in interest payments and $163-million in cash dividends. Chief executive officer Mark Maki said Friday, "It was a long, tortured process" to get the Trans Mountain expansion completed, but it is now doing what it is supposed to do -- returning money to Canada's coffers. Since the expansion came on-line in 2024, it has reined in the differential between Canadian and higher U.S. oil prices, thereby increasing revenues to Canada. It has also boosted access to Asian markets, Mr. Maki said. Increased use of the line was a result of market forces and Trans Mountain's concerted effort to ensure the system can perform at its maximum 890,000-barrels-per-day capacity when it needs to, Mr. Maki said.